Why Live in Cherry Creek
Cherry Creek, located in Western New York along the Chautauqua Ridge, is a rural town steeped in history and natural beauty. Known for its small-town charm and year-round recreational opportunities, Cherry Creek attracts visitors and residents alike. The town's landscape is characterized by farmland, wooded hills, and Amish-owned farms, offering a picturesque setting for outdoor activities. Cockaigne Ski Resort, although currently closed, is a notable attraction, while the nearby Holiday Valley and Peek'n Peak Resorts provide additional winter sports options. The Chautauqua County Equestrian Trail System and the New York Amish Trail offer unique things to do, including horseback riding and exploring Amish establishments. Cherry Creek Campground and Boutwell Hill State Forest are popular summer destinations for camping and hiking. The town's Main Street features local dining options such as The Trillium Lodge and Heart & Soul Café, alongside small businesses like Rustic Creations. Housing in Cherry Creek includes classic farmhouses, log cabins, and colonial-style homes, often situated on spacious lots. Cherry Creek Park hosts annual events like the summer music series and Fall Festival, fostering a sense of community. With a crime rate lower than the national average, Cherry Creek offers a peaceful rural lifestyle, though it remains largely car-dependent with limited public transportation options.
Frequently Asked Questions
What is the average home price in Cherry Creek, NY?
Homes for sale in Cherry Creek, NY have an average home price of $195,762.
Are home prices dropping in Cherry Creek?
Yes, home prices in Cherry Creek are down 21% in the last 12 months.
How many homes have sold over the last 12 months in Cherry Creek, NY?
10 homes have sold in Cherry Creek, NY over the last 12 months.
What are the most popular zip codes in Cherry Creek, NY?
How much do you need to make to afford a house in Cherry Creek?
The median home price in Cherry Creek is $170,000. If you put a 20% down payment of $34,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $38K a year to afford the median home price in Cherry Creek.
How are the schools in Cherry Creek, NY?
Home Trends in Cherry Creek, NY
On average, homes in Cherry Creek, NY sell after 90 days on the market compared to the national average of 51 days. The median sale price for homes in Cherry Creek, NY over the last 12 months is $170,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$170,000
Median Single Family Sale Price
$115,000
Average Price Per Sq Ft
$97
Number of Homes for Sale
3
Last 12 months Home Sales
10
Median List Price
$170,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%